Pearson BTEC Level 5 Higher National Diploma in Business Unit 1: Business and the Business Environment Aim of the Module • The aim of this unit is to provide students with background knowledge and understanding of business, the functions of an organisation and the wider business environments in which organisations operate. Unit Abstract • Students will examine the different types of organisations (including for profit and not for profit), their size and scope (for instance, micro, SME, transnational and global) and how they operate. • Students will explore the relationships that organisations have with their various stakeholders and how the wider external environments influence and shape business decision-making. • The knowledge, understanding and skill sets gained in this unit will help students to choose their own preferred areas of specialism in future studies and in their professional career. Learning Outcomes By the end of this unit a student will be able to: 1 Explain the different types, size and scope of organisations. 2 Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational structure. 3 Use contemporary examples to demonstrate both the positive and negative influence/impact the macro environment has on business operations. 4 Determine the internal strengths and weaknesses of specific businesses and explain their interrelationship with external macro factors. Essential Content Essential Content Essential Content Essential Content Recommended Resources • BARON, P. (2012) Business and its Environment. 7th Ed. London: Prentice Hall. • PALMER, A. and HARTLEY, B. (2011) The Business Environment. 7th Ed. Maidenhead: McGraw-Hill. • WEATHERLEY, P. (Editor) and OTTER, D. (Editor) (2014) The Business Environment: Themes and Issues in a Globalised World. 3rd Ed. Oxford: Oxford University Press. • WORTHINGTON, I. and BRITTON. C. (2014) The Business Environment. 7th Ed. Harlow Pearson. Thank you! Any questions?